Sulfuric Acid Market, By Raw Material Type (Pyrite Ore, Elemental Sulfur, Base Metal Smelters, and Others), By Application (Fertilizers, Pulp & Paper, Textiles, Chemical Manufacturing, Metal Processing, Automotive Battery Acid, Petroleum Refining, and Others), By Manufacturing Process (Single Contact Process, Wet Contact Process, Lead Chamber Process, and Others), By Geography (North America, Europe, Asia Pacific, Latin America, Middle East and Africa).
Sulfuric acid is a highly corrosive mineral acid that is colorless, viscous, and soluble in water. It is strongly acidic and acts as an oxidizing agent. Sulfuric acid has various industrial applications including in oil refining, petrochemical manufacturing, pickling, fertilizer production, metal processing, and plastics production. It is manufactured commercially by the contact process, which involves the oxidation of sulfur dioxide in the presence of a vanadium catalyst. The production and demand for sulfuric acid is driven by the chemical processing industry as it has a wide array of uses across various end-user sectors. However, stringent environmental regulations regarding its production and disposal act as a restraint. At the same time, growth in industries such as fertilizers provides new opportunities for market expansion in the coming years.
Market Dynamics:
The key drivers propelling the sulfuric acid market growth include rising demand from the fertilizer industry, recovery in oil production and refining activities, and increasing use in metal processing applications. Sulfuric acid is a crucial intermediate in the production of ammonium phosphate fertilizers, which are majorly consumed for crop cultivation worldwide. Growth in global population and rising food demand have augmented fertilizer consumption, thereby boosting the market revenue. Additionally, recovery in crude oil prices and demand have pushed up refining activities that utilize sulfuric acid, which is supporting market expansion. Further, increasing use of sulfuric acid in metallurgical applications such as hydrometallurgy, surface treatment, and metal extraction act as an opportunity. However, stringent environmental regulations pertaining to sulfur dioxide emissions during manufacturing pose a challenge. Also, availability of substitutes poses competition to some extent.
Key Features of the Study:
- This report provides an in-depth analysis of the global sulfuric acid market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year
- It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global sulfuric acid market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include PVS Chemicals, BASF SE, Akzo Nobel N.V., DowDuPont Inc., Unigel Group, Boliden Group, Ineos Enterprises Limited, Trident Chemicals, Aurubis AG, Climax Molybdenum B.V., Amal Ltd., The Mosaic Company, Solvay, Agrium Inc., Vizag Chemicals, Bodal Chemicals, HZL India, and Aarti Industries
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global sulfuric acid market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global sulfuric acid market
- Raw Material Type:
- Pyrite Ore
- Elemental Sulfur
- Base Metal Smelters
- Others
- Application:
- Fertilizers
- Pulp & Paper
- Textiles
- Chemical Manufacturing
- Metal Processing
- Automotive Battery Acid
- Petroleum Refining
- Others
- Manufacturing Process:
- Pyrite Ore
- Single Contact Process
- Wet Contact Process
- Lead Chamber Process
- Others
- Regional:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Company Profiles:
- PVS Chemicals
- BASF SE
- Akzo Nobel N.V.
- DowDuPont Inc.
- Unigel Group
- Boliden Group
- Ineos Enterprises Limited
- Trident Chemicals
- Aurubis AG
- Climax Molybdenum B.V.
- Amal Ltd.
- The Mosaic Company
- Solvay
- Agrium Inc.
- Vizag Chemicals
- Bodal Chemicals
- HZL India
- Aarti Industries
- 1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- 2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Raw Material Type
- Market Snippet, By Application
- Market Snippet, By Manufacturing Process
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
- 3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- PEST Analysis
- PORTER’s Five Forces Analysis
- Market Opportunities
- Regulatory Scenario
- Key Developments
- Industry Trend
- 4. Global Sulfuric Acid Market - Impact of Coronavirus (COVID-19) Pandemic
- Overview
- Factors Affecting the Global Sulfuric Acid Market – COVID-19
- Impact Analysis
- 5. Global Sulfuric Acid Market, By Raw Material Type, 2019-2031 (US$ Bn & MT )
- Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Pyrite Ore
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn & MT )
- Elemental Sulfur
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn & MT )
- Base Metal Smelters
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn & MT )
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn & MT )
- 6. Global Sulfuric Acid Market, By Application, 2019-2031 (US$ Bn & MT )
- Introduction
- Market Share Analysis, 2022 and 2030(%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Fertilizers
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn & MT )
- Pulp & Paper
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn & MT )
- Textiles
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn & MT )
- Chemical Manufacturing
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn & MT )
- Metal Processing
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn & MT )
- Automotive Battery Acid
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn & MT )
- Petroleum Refining
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn & MT )
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn & MT )
- 7. Global Sulfuric Acid Market, By Manufacturing Process, 2019 - 2031 (US$ Bn & MT )
- Introduction
- Market Share Analysis, 2022 and 2030(%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Single Contact Process
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn & MT )
- Wet Contact Process
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn & MT )
- Lead Chamber Process
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn & MT )
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn & MT )
- 8. Global Hydroponic Vegetables Market, By Region, 2019-2031 (US$ Bn & MT )
- Introduction
- Market Share Analysis, By Region, 2022 and 2030(%)
- Y-o-Y Growth Analysis, By Region, 2019 - 2031
- North America
- Market Share Analysis, By Country, 2024 and 2031(%)
- Y-o-Y Growth Analysis, By Country, 2019 - 2031
- U.S.
- Canada
- Europe
- Market Share Analysis, By Country, 2024 and 2031(%)
- Y-o-Y Growth Analysis, By Country, 2019 - 2031
- U.K.
- Germany
- Italy
- France
- Russia
- Rest of Europe
- Asia Pacific
- Market Share Analysis, By Country, 2024 and 2031(%)
- Y-o-Y Growth Analysis, By Country, 2019 - 2031
- China
- India
- Japan
- ASEAN
- Australia
- South Korea
- Rest of Asia Pacific
- Latin America
- Market Share Analysis, By Country, 2024 and 2031(%)
- Y-o-Y Growth Analysis, By Country, 2019 - 2031
- Brazil
- Mexico
- Rest of Latin America
- Middle East
- Market Share Analysis, By Country, 2024 and 2031(%)
- Y-o-Y Growth Analysis, By Country, 2019 - 2031
- GCC Countries
- Israel
- Rest of Middle East & Africa
- 9. Competitive Landscape
- Heat Map Analysis
- Market Share Analysis (3x3 Matrix)
- Company Profiles
- PVS Chemicals
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Future Plans
- BASF SE
- Akzo Nobel N.V.
- DowDuPont Inc.
- Unigel Group
- Boliden Group
- Ineos Enterprises Limited
- Trident Chemicals
- Aurubis AG
- Climax Molybdenum B.V.
- Amal Ltd.
- The Mosaic Company
- Solvay
- Agrium Inc.
- Vizag Chemicals
- Bodal Chemicals
- HZL India
- Aarti Industries
- 10. Analyst Recommendation
- Wheel of Fortune
- Analyst View
- Coherent Opportunity Map
- 11. Section
- References
- Research Methodology
- About Us and Sales Contact
- Browse 24 market data tables and 28 figures on “Sulphuric Acid Market” - Global forecast to 2031
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